January 11, 2022Five Ways People Make Estate Planning MistakesAs an adult, you spend the first half of your life trying to achieve financial security, and the second half trying to maintain it. Due to this adage, many people devote significant time and effort to maximizing their legacy goals…
January 4, 2022Is Your Vacation Home Part of Your Estate Plan?Many families enjoy spending time in their family vacation home. Sharing time and creating memories is the hallmark of such properties, and often there is a desire to preserve the home’s ownership within the family system for generations to come.…
December 31, 2021Understanding the Process of Guardianship for Your Aging ParentGuardianship of an aging parent means acceptance of significant legal responsibility to act and advocate for their care. The duties include a parent’s daily care, medical care, and possibly financial decisions made on their behalf. Many guardians are family members…
December 24, 2021The Importance of Understanding Creditors and ProbateAvoiding probate through legal techniques is a great strategy to save taxes, keep your estate from public proceedings, and avoid the need for court approval every step of the way. It can save you time, frustration, and in many cases,…
December 17, 2021How is an Estate Administered in Illinois Court?Probate is the method by which judicial officials, including probate judges, process a decedent’s will. While state probate laws may vary, the general process is quite similar across the country. Probate is the process of proving wills for decedents’. A…
December 10, 2021The Importance of Estate Planning LGBTQIA+ CommunityWhatever your orientation, estate planning is crucial to protect your loved ones. In the LGBTQIA+ community, estate planning can legally protect against discrimination even if others are reluctant to recognize your relationship and your desire to permit your partner to…
December 3, 2021How to Discuss Your Estate Plans Goals with FamilyPreparing for a successful transfer of wealth to your loved ones begins with a comprehensive estate plan. However, many of us often overlook the crucial part of communicating our estate plan to family and heirs. Even with a thorough and…
November 26, 2021From Long-Term Care to Financial Wellness: How an Elder Law Attorney Can HelpIf you have an elderly loved one or your own concerns about future health and financials, an elder law attorney can optimize your planning. Elder law is a highly specialized area of law focusing on the legal needs of older…
November 19, 2021Take Precautions To Avoid Probate LitigationWhile there are several reasons for increased risk of probate litigation, there are two most common circumstances. The first is when families disagree with how to handle a mentally incapacitated family member. The second is when, after death, disagreements break…
November 12, 2021Estate Planning for Multigenerational WealthCareful planning is vital to protect your inheritable legacy for future generations. There are always differences of opinion across generations as to how best to live and act in the world. Millennials and Generation Xers seem to have distinctly different…